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| Sunshine |
| Far away there in the sunshine are my highest aspirations. |
| Catskill Casino planned by Park Place and Tribe |
3/25/2001 Casino may impact on Atlantic City revenues Park Place Entertainment and Native American tribe, the St. Regis Mohawk Indians, have put in an application to build a Las Vegas-style resort at Kutsher's Resort Hotel and Country Club, in the Catskills, a mere 90 minutes from Manhattan. The application for a casino, to be put in trust for the tribe, was filed last week with the federal Bureau of Indian Affairs. Park Place would retain the operating rights. Park Place officials plan to meet with Govenor Pataki in order to obtain state approval. Although the casino wont be up and running for at least another three years, Bear Stearns analyst Jason Ader, believes Atlantic City business could be affected in the future. Gaming experts estimate that as much as 30 percent of Atlantic City's gamblers and 40 percent of its revenues come from the New York region. However, Park Place Chief Financial Officer Scott LaPorta stated that Catskills site would not affect Atlantic City, where Park Place owns a number of hotels and casinos |
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